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Tag Archive 'home loans'

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have continued to improve over recent months. Business and consumer confidence have both picked up. The Australian economy is continuing its transition following the end of the mining investment boom, expanding by around […]

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Thinking about buying a property on your own? There are a lot of benefits, primarily that you have complete control over the purchase decision – from which property you buy to how much you pay for it to which loan you take out. However, you will need to save for all associated costs yourself, as […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in the Asian region, continuing US growth and a recovery in Europe. Key commodity prices are much lower than a year ago, in […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth. Key commodity prices are much lower than a year ago, in part […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth. Key commodity prices are much lower than a year ago, in part […]

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When the Reserve Bank of Australia announced a further 0.25% in the cash rate on February 4, taking it to 2.25%, Australians officially saw the lowest rates since the 1960s. And the cost of a variable mortgage is now at its lowest since July 1968. Most lending institutions passed on the rate cut bring the […]

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  Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced countries. China’s growth appears to have slowed a little in early […]

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RBA Leaves Rates on Hold

The Reserve Bank of Australia has left interest rates on hold at 2.5 percent at its September board meeting today. The official cash rate, which is already at a record low, was cut by 25 basis points last month. With the country about to go to the polls and the last cut still to make […]

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RBA Lowers Interest Rate to 2.5%

  At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.5 per cent, effective 7 August 2013. Recent information is consistent with global growth running a bit below average this year, with reasonable prospects of a pick-up next year. Commodity prices have declined but, overall, remain at […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.75 per cent. Recent information is consistent with global growth running a bit below average this year, with reasonable prospects of a pick-up next year. Commodity prices have declined further but, overall, remain at high levels by historical standards. Inflation has […]

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